Belarusian Companies’ Profit Growth Slowed in August as Debt Increased

Belstat has published data on the financial performance of Belarusian organizations in January–August 2026.

Belstat’s preliminary report excludes banks, non-bank financial institutions, insurance companies, budget-funded organizations and organizations without departmental reporting that employ fewer than 50 people.

In January–August, organizations’ revenue increased by 10.8% to 388.17 billion roubles. In August, revenue amounted to approximately 53.4 billion roubles, up 1.6 billion roubles from July.

The cost of goods sold rose by 10.8% to 318.7 billion roubles.

Net profit increased by 5.4% to 16.73 billion roubles, including 2.13 billion roubles in August.

The sales profitability ratio stood at 6.9%, unchanged from the same period last year.

A total of 1,702 organizations reported losses in January–August, 29.2% more than in the same period last year.

Accounts receivable stood at 109.4 billion roubles as of September 1. It increased by 1.7 billion roubles in August and by 3.5% since the beginning of the year.

Accounts payable rose by 4 billion roubles in August to 131.03 billion roubles, up 5.8% since the beginning of the year.

Outstanding loans and borrowings increased by 4.9% since the beginning of the year to 149.06 billion roubles. They rose by 2.1 billion roubles in August.